₹10.6 billion (US$130 million) revenue loss through direct tax proposals, and ₹206.7 billion (US$2.6 billion) revenue gain through indirect tax proposals. Revenue gain of ₹196 billion (US$2.5 billion) in Union Budget 2016 proposals. Surcharge was increased from 12% to 15% on tax on all incomes above ₹1 crore … See more The 2016 Union budget of India is the annual financial statement of India for the fiscal year 2016–2024. It was presented before the parliament on 29 February 2016 by the Finance Minister of India, Arun Jaitley. … See more • ₹9 billion (US$110 million) fora buffer stock of pulses. • ₹773.83 billion (US$9.7 billion) to the home ministry of which ₹674.08 billion … See more Opposition member and former Prime Minister of India, Dr. Manmohan Singh termed it a "mixed bag Budget" with no big idea. See more • Union budget of India • 2016 Railway Budget of India See more WebWebsite Content Managed and Owned by Ministry of Finance, Government of India Designed, Developed and Hosted by National Informatics Centre( NIC ), Information is …
PM Modi to launch development projects in Assam on April 14
WebIndia Budget 2016 – Highlights Understanding the business impact Rebate of income tax for resident individuals with total income not exceeding 5 lakh enhanced from 2,000 to 5,000 The lower of employer’s contribution to Provident fund in excess of 12% of the salary of the employee or `150,000 p.a. will be subject to tax. WebApr 9, 2024 · Hundreds of high school students from across the island were exposed to various careers and opportunities in the technology field, while benefitting from online safety tips, at a one day Teen Tech JA conference. Minister of Education and Youth, Hon. Fayval Williams, delivered the keynote address at the inaugural event, which was held at the ... lithuanian olympic team 2022
Government Budgeting in India – The Process and ... - ClearIAS
WebFeb 1, 2024 · Finance Minister Nirmala Sitharaman presented Union Budget 2024-23 in Lok Sabha today. Top tech-related announcements include: Digital rupee to be in WebFeb 29, 2016 · Budget 2016: Where it surprised, where it disappointed Retail trade is the largest employer in this country: Small and medium shops should be given a choice to stay open on all seven days of... WebAnalysis India Budget 2016 – Highlights Understanding the business impact Rebate of income tax for resident individuals with total income not exceeding 5 lakh enhanced from … lithuanian official language